Hyderabad: 28°C
Business

Brent Crude Trades Near $103 Amid Supply Fears

Brent crude prices remain volatile, trading at $101.02-$103.40 per barrel. Markets are reacting to US-Iran tensions, Gulf supply risks and China's export restrictions. While ICE Brent futures remain near $101, physical benchmarks such as Dated Brent have traded considerably higher, above $120, reflecting tighter supplies in specific regions over availability.